The scheme of e-RLNG envisaged waivers and concessions to be made collectively by all stakeholders including state governments and support from Power System Development Fund (PSDF). The scheme ended on March 31, 2017. New Delhi : The government has decided not to bring any new policy or provide support to gas-based power plants at the […]
Prime Minister Modi underscores 7 key pillars of India’s energy strategy
He also mentioned that India has saved around Rs 24,000 crore annually through the installation of 11 million smart LED street lights which have reduced the greenhouse gas emissions by an estimated 4.5 crore or 45 MT of CO2 annually New Delhi: Prime Minister Narendra Modi today highlighted seven key pillars of India’s energy strategy […]
AGL says batteries starting to compete with gas generators for peaking services
Plunging costs and improved performance could see big batteries start to compete with gas plants to provide peaking services, and its an opportunity at least one of Australia’s largest energy companies is looking to seize, as the end of coal looms. AGL Energy’s newly appointed chief operating officer, Markus Brokhof told RenewEconomy in an interview […]
Electric Cars Not As Green As Thought, But Cleaner Than Gas Powered Vehicles
When it comes to lowering your carbon footprint, it seems that nothing is simple. Even something like installing solar panels or using hydrogen for fuel can be more greenwashed than green if you’re not careful. As with most things in life, making the right choice becomes more complicated the closer you examine the issue. Electric […]
Broken Hill to replace gas turbines with massive microgrid for back-up supply
The NSW country town of Broken Hill is set to host one of the world’s largest microgrids supplied by solar, wind and grid-scale storage. The homes and businesses of Broken Hill’s 17,000 strong-population are set to be powered by renewables to ensure reliable and back-up supply going forward. Under the proposal coming from transmission company […]
SCALE-UP OF SOLAR AND WIND PUTS EXISTING COAL, GAS AT RISK
Solar, wind and batteries see dramatic gains in competitiveness over the last six months compared to longer-established energy options London and New York: Solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population. Those two-thirds live in locations that comprise 71% of gross domestic […]
Shell’s carbon emissions drop in 2019 to four-year low
At the same time, burning of unused natural gas in Shell’s upstream oil and gas operations, a process known as flaring, rose last year by 13.5 per cent, the data showed LONDON: Royal Dutch Shell’s greenhouse gas emissions declined in 2019 to their lowest in four years, according to data provided by the energy company. […]
The future is now: How oil and gas companies can decarbonize
Several trends are focusing the minds of industry executives. One is that investors are pushing companies to disclose consistent, comparable, and reliable data. Activist shareholders, for example, are challenging US- and Europe-based oil majors on their climate policies and emissions-reduction plans.1 Investors are also increasingly conscious of environmental issues. In the five markets examined by […]
Billion gallons of water is saved by replacing coal with gas or renewable energy sources: Study
A research has found that the transition from coal to natural gas in the US electricity sector is reducing the industry’s water use. It is helping in saving water and contributing to reducing water scarcity. For every megawatt of electricity produced using natural gas instead of coal, the water withdrawn from rivers and groundwater drops […]
Already Cheaper Than Gas, China’s Renewables to Undercut Coal by 2026
Average solar prices in China have fallen below wind for the first time this year, Wood Mackenzie says. As China moves toward a subsidy-free era for wind and solar projects beginning in 2021, the economics of renewable power have come into the spotlight. The average levelized cost of electricity (LCOE) for solar and wind power […]